Will EasyJet Survive?

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Technical Analysis Daily Majors & Minors • An local downtrend is already started from resistance level 1.6100, which will be followed by moving down to support level 1.6040 and the to the level 1.5970.

Quick Daily update • FirstGroup shares have sunk 5.6% on news they have lost the contract to operate ScotRail services. Other shares on the move include: GKN, biggest loser on FTSE 100, down 5.3%. Easyjet continues recent fall, down 2.9% • A leading debt charity says the knock-on costs for the economy of people getting into too much debt amount to more than £8bn a year. • The World Bank chief financial officer is giving up part of his bonus after an uproar over cost-cutting measures at the lender. FTSE 100 down 0.4%

Daily News To Watch Wednesday 8th October 2014 Previous Forecast Actual 19:00pm USD FOMC Meeting Minutes

By Nikhil Pankhania

Senior Market Analyst & Trader

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